September 2016

Issue: Volume 1 Issue 9

The global Islamic asset management industry is forecast to grow to US$77 billion by 2019, from US$58 billion at the end of 2015, according to the latest figures from the Malaysia International Islamic Financial Center (MIFC). With an estimated US$11.5 trillion in

From October 2016 JPMorgan will add eight Sukuk to its emerging markets index family, in a groundbreaking move that is expected to dramatically increase the profile of Islamic capital instruments, boost liquidity and stimulate global investor interest. We take a look at

Each month we bring you an update, insight or explanation into the world of Islamic corporate finance to demonstrate the advantages of alternative solutions. This week we look at the growing interest in Islamic real estate investment trusts (REITs) as a method

The biggest Islamic bank in the world by capital, Saudi’s Al Rajhi Bank, has bucked the trend of a depressed retail banking market due to its strong Islamic offering, which has sustained performance during a period of increased pressure across the GCC

Central Asia may have under-performed up till now but its exceptional natural resources and strategic location make the region one to watch. With a Muslim-majority population and strong demographics the area is a natural fit for Islamic finance – and with regulations

The debt capital market in Pakistan took a big step forward this month, with the government according tax neutrality to Islamic bond issuance – bringing Shariah compliant issues on a par with their conventional counterparts in terms of cost. The Securities and

Japan, one of the world’s most advanced economies and the third-biggest by GDP, has seen growth stagnate in the last two decades following the stock market crash of 1990. Yet despite slow domestic growth its cash-rich companies have in the last few

The funding of Malaysia’s new Setiawangsa-Pantai Expressway has been kickstarted with one of the year’s biggest deals – a RM3.64 billion (US$900.43 million) Sukuk issuance from multi-platform construction conglomerate Ekovest. The deal proves not only the strength and size of Malaysia’s Islamic

Malaysia’s infrastructure industry continues apace, with another major project coming from state-owned entity Jambatan Kedua (JKSB) – which recently made a sizeable return to the Sukuk market. The issuance achieved exceptional pricing, despite coming to market in the middle of a flurry

Fintech is one of the most exciting trends of recent years – and its implications have the potential to both revolutionize the global financial markets and seriously disrupt conventional banking operations. Malaysia has taken a pioneering position in the market with the

News briefs CORPORATE Islamic home financing for prestigious Dubai projects UAE: Marina Arcade has partnered with Emirates Islamic for the provision of home financing packages for the Marina Arcade Tower, a freehold residential development in Dubai Marina. Jumeirah Golf Estates has also